Nightclub/Sports Bar/Function Hall
Location: Central New England

Primary Category: Hospitality: Night Club/Sports Bar/Function Hall
Your Reference ID: 16070330

Financial Information
Asking: $850,000
Gross: $804,000
Cash Flow: $380,000
Furniture, Fixtures & Equipment: $252,000
Financing: Seller financing up to 65% negotiable for well qualified buyer.

Summary Description
Hottest nightclub in Central New England featuring three great party rooms including a Sports Bar, a Dance Club and a Karaoke/Show Lounge. The club provides a safe, clean and fun playground for affluent, hip, alternative lifestyle friendly patrons. Owner's Discretionary Earnings exceed $425,000. The owner only works 10 to 12 hours per week.

This is a great opportunity for the right buyer to grow the business to its full market potential. It is a high margin business in a growing sector of the economy. The company is offered at a price that offers an excellent return on investment.

Seller is VERY motivated. No reasonable offer rejected.

Email us today for complete details!

General Information
Facilities: The club leases about 7,650 square feet in total, divided into three main entertainment rooms and a kitchen facility. There is free, off-street parking for about 300 cars. Monthly rent is $5,278 which included insurance, maintenance and taxes. The lease includes a 5-year option to renew.

Competition: There are a few other competitors in the region, but none really compare.

Growth and Expansion: The club has grown rapidly over the past few years. Multiple revenue streams insure continued success. Many opportunities exist to expand services while increasing revenue and profits. This is a real money maker with substantial sustainable margins.

Support/Training: Seller will provide a smooth transition.

Reason Selling: Personal reasons.

Year Established: 1990s
Employees: 12-16

Contact Information
Contact: Lou Pereira
Phone: 603-890-6628
Email: info@herold-lambert.com


~~~~~
When you're serious about buying the right business for your needs, call Lou Pereira at 603.890.6628 or contact us directly via e-mail.